System Support Holdings (TSE:4396) ROA %: 13.84% (As of Dec. 2025) — 48% Above Median


TSE:4396 System Support Holdings Inc TSE:4396
77 GF Score
Price 円956.00
GF Value 円1,526.09
Valuation Significantly Undervalued
! 2 Warning Signs
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What is System Support Holdings ROA %?

System Support Holdings TSE:4396 +1.16% 77 ROA % is 13.84% as of Dec. 2025, which is 48% above its 10-year median of 9.33. GuruFocus rates TSE:4396 with a GF Score™ of 77/100 and a GF Value™ of 円1,526.09 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,882 Software companies, System Support Holdings ranks better than 87.58% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. System Support Holdings's annualized Net Income for the quarter that ended in Dec. 2025 was 円2,022 Mil. System Support Holdings's average Total Assets over the quarter that ended in Dec. 2025 was 円14,613 Mil. Therefore, System Support Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 13.84%.

The historical rank and industry rank for System Support Holdings's ROA % or its related term are showing as below:

TSE:4396' s ROA % Range Over the Past 10 Years
Min: 4.45   Med: 9.33   Max: 13.03
Current: 12.12

During the past 10 years, System Support Holdings's highest ROA % was 13.03%. The lowest was 4.45%. And the median was 9.33%.

TSE:4396's ROA % is ranked better than
87.58% of 2882 companies
in the Software industry
Industry Median: 1.645 vs TSE:4396: 12.12

System Support Holdings  (TSE:4396) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=2022.304/14612.8335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2022.304 / 31093.896)*(31093.896 / 14612.8335)
=Net Margin %*Asset Turnover
=6.5 %*2.1278
=13.84 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


System Support Holdings ROA % Related Terms


System Support Holdings ROA % Historical Data

* Premium members only.

The historical data trend for System Support Holdings's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

System Support Holdings ROA % Chart

System Support Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.70 10.85 12.11 13.03 12.38

System Support Holdings Semi-Annual Data
Jun16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.33 12.51 14.27 10.27 13.84

TSE:4396 vs IBM, ACN, FISV: ROA % Comparison

For the Information Technology Services subindustry, System Support Holdings's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


System Support Holdings ROA % vs Software Industry

For the Software industry and Technology sector, System Support Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where System Support Holdings's ROA % falls into.


TSE:4396
77GF Score
System Support Holdings Inc TSE:4396
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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System Support Holdings ROA % Calculation

System Support Holdings's annualized ROA % for the fiscal year that ended in Jun. 2025 is calculated as:

ROA %=Net Income (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=1457.638/( (9929.1+13628.109)/ 2 )
=1457.638/11778.6045
=12.38 %

System Support Holdings's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=2022.304/( (13628.109+15597.558)/ 2 )
=2022.304/14612.8335
=13.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 13.84% mean?
System Support Holdings (TSE:4396) has a ROA % of 13.84% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on System Support Holdings and its competitors. This is 48% above median its historical median of 9.33. Over the past decade, System Support Holdings' ROA % has ranged from 4.45 to 13.03. According to the industry distribution chart, System Support Holdings ranks #358 out of 2882 companies in the Software industry, placing it in the top 12.4%.
Is System Support Holdings' ROA % too high?
System Support Holdings' current ROA % of 13.84% is 48% above median its 10-year median of 9.33. Over the past 10 years, this metric has ranged from a low of 4.45 to a high of 13.03. The Software industry median ROA % is 1.65. System Support Holdings' value of 13.84% is 741.3% above this industry median. Based on the distribution chart, System Support Holdings ranks #358 out of 2882 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, System Support Holdings has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does System Support Holdings' ROA % compare to IBM and ACN?
According to the Software industry distribution chart, System Support Holdings ranks #358 out of 2882 companies for ROA %. This places System Support Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median ROA % is 1.65. System Support Holdings' value of 13.84% is 741.3% above this benchmark. Historically, System Support Holdings' own ROA % has ranged from 4.45 to 13.03 over the past decade. While the company's 10-year median is 9.33 vs. the industry median of 1.65, System Support Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Software company?
The median ROA % among Software companies is 1.65, based on 2,882 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. System Support Holdings's current ROA % of 13.84% is 741.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on System Support Holdings and its competitors. For the Software industry, the median ROA % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System Support Holdings's current ROA % is 13.84%, which is 48% above median its own 10-year median of 9.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System Support Holdings stock overvalued right now?
Based on GuruFocus' analysis, System Support Holdings (TSE:4396) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,526.09, compared to a current price of 円956.00 — trading 37.4% below its estimated fair value. The current ROA % is 13.84%, which is 48% above median its 10-year median of 9.33 and 741.3% above the Software industry median of 1.65. System Support Holdings' overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For System Support Holdings (TSE:4396), the current ROA % is 13.84% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is System Support Holdings (TSE:4396) Overvalued in 2026?

Based on GuruFocus' analysis, System Support Holdings stock appears to be undervalued. The current stock price of 円956.00 is trading 37.4% below its estimated GF Value™ of 円1,526.09. GuruFocus considers System Support Holdings to be Significantly Undervalued.

Key valuation signals for TSE:4396:

  • ROA %: 13.84% (48% above median its 10-year median of 9.33)
  • GF Value™: 円1,526.09 vs. price of 円956.00 (37.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 741.3% above the Software median (#358 of 2882)

No single metric tells the full story. See the TSE:4396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


System Support Holdings Business Description

Address 1-5-2 Honmachi, ishikawa, kanazawa, JPN, 920-0853
System Support Holdings Inc is engaged in providing systems solutions which include system integration, transition to cloud-based infrastructure, ERP integration, data center running, and package-based software development.
77GF Score

Get the complete analysis for TSE:4396

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円956.00
Price
円1,526.09
GF Value